Cedar Mountain, Transylvania County, North Carolina Property Taxes
Median Cedar Mountain, NC effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the North Carolina state median of 0.82%. Median Cedar Mountain, NC home value: $182,390. Median annual Cedar Mountain, NC tax bill: $1,160, $1,240 lower than the national median property tax bill of $2,400.
How are property taxes in Transylvania calculated?
Property taxes in Cedar Mountain, NC are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Cedar Mountain’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cedar Mountain, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cedar Mountain, Transylvania County, North Carolina Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$1,204
$1,117
Property Tax Rates Across Cedar Mountain, Transylvania County, North Carolina
Local government entities determine property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play roles in setting these rates and budgets, this is the basic annual process.
In Cedar Mountain, located in Transylvania County, North Carolina, the effective property tax rate stands at 0.66%. This rate is notably lower than the national median property tax rate of 1.02%. Cedar Mountain's rate is consistent across the region, reflecting a uniform approach to property taxation within the area. Compared to other cities in North Carolina, Cedar Mountain's property tax rate offers a more affordable option for property owners, potentially making it an attractive location for those seeking lower property tax burdens. The region's rate is not only below the national average but also aligns with the lowest and highest rates within the area, all recorded at 0.66%. This consistency suggests a balanced approach to property taxation in Cedar Mountain.
Property Tax Rates Across Cedar Mountain, Transylvania County, North Carolina
Source: Ownwell
0.66%
0.66%
0.66%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cedar Mountain Tax Rate
0.66%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Transylvania County Tax Rate
0.66%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cedar Mountain, Transylvania County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28718 | 0.60% | 0.66% | 0.66% | 0.66% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Cedar Mountain, Transylvania County, North Carolina
When examining property taxes in Cedar Mountain, NC, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Transylvania County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Transylvania County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cedar Mountain. For example, the median home price in Cedar Mountain is $182,390, with tax bills ranging significantly across the county. Zip code 28718 has the highest median home price at $182,390.
Property Tax Assessment Values Across Cedar Mountain, Transylvania County, North Carolina
Source: Ownwell
$117,560
$190,445
$263,330
Median Cedar Mountain Market Value
$182,350
Median Transylvania County Market Value
$220,620
Median North Carolina Market Value
$221,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cedar Mountain, Transylvania County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28718 | $84,402 | $125,540 | $182,350 | $290,600 | $499,924 |
Source: Ownwell
Property Tax Bills Across Cedar Mountain, Transylvania County, North Carolina
Property Tax Bills Across Cedar Mountain, Transylvania County, North Carolina
Source: Ownwell
$773
$1,236
$1,698
Median Cedar Mountain Tax Bill
$1,173
Median Transylvania County Tax Bill
$1,401
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$2,400
Property Tax Bills Across Cedar Mountain, Transylvania County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28718 | $458 | $790 | $1,173 | $1,874 | $3,076 |
Source: Ownwell